New Life Usa-Nevada

Analysis

New Life Usa-Nevada is a registered charity in United States, based in Lovelock, NV. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Life Usa-Nevada reported income of $1.6m and spending of $998k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $583k to $1.6m (+177%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Life Usa-Nevada sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NV. Charities of a similar size with the same main cause include Epilepsy Foundation of Texas ($1.6m), Urban Minority Alcoholism & Drug Abuse Outreach Program of Cincinna ($1.6m) and Hospital Hospitality House of Winston-Salem ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $73k (7.3% of expenses). Other salaries and wages came to $68k. At year end it held assets of $3.5m against liabilities of $15k, net assets of $3.5m. It reported 7 employees.